The latest USDA report on Turkey’s cotton production for the marketing year (MY) 2023-24 suggests a significant decrease in cotton output. Projections indicate a drop to 755,000 metric tonnes (MT), equivalent to 3.5 million bales, compared to the previous year. The report attributes this
In the first half of 2023, exports of Turkish textiles and raw materials experienced a 22.1 percent year on year, drop to US $5.9 billion. The 27 member EU continued to remain the biggest destination for Turkish textile exports, but where they declined by 22.5 percent compared to the same period in 2022 and amounted […]